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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Snowshoe who wrote (16566)	3/7/2002 9:53:29 PM
From: Raymond Duray	Read Replies (2) \| Respond to of 74559

Coulda, woulda, shoulda...... Late 1998, I read a really smart article by Andy Seybold in his "Outlook" newsletter. He said something really important and prescient. That cell phones would be used primarily in the future for voice applications, that the whole notion of a clumsy little keypad and scrawny screen would preclude the rapid, or even likely advancement to 3G networks and that CDMA might have been a really swell solution, but that it wasn't really all that necessary in a world where 2.5G would be about all everyone would really care about. So I hopped on the optical component bandwagon instead, and had a couple of ten baggers the next year, but I missed the 2,600% run-up in the mighty Q because I knew that all the pipe dreams that pushed that stock to an absurd height would never materialize. History has proved Seybold correct, and me a bad judge of the madness of crowds. -Ray

To: Snowshoe who wrote (16566)	3/7/2002 10:02:53 PM
From: Snowshoe	Respond to of 74559

Japanese gold buying update Remember all the excitement a few weeks ago about the Japanese buying gold when it went over $300 US? Since then they're being hit by a triple loss due to: 1) The gold bullion spread and/or sales commission 2) The 5% Japanese sales tax on gold 3) The strong yen (gold is now falling faster in yen than in $) It remains to be seen whether this was a good hedge/investment.